Edible Cutlery Market to Reach $56.9 Mn, Globally, by 2026 at 11.1% CAGR, Says Allied Market Research
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Growing use of edible cutlery in the airline industry and introduction of various flavors- and colors-based edible cutlery propelled the growth of the global edible cutlery marketPORTLAND, Oregon, April 7, 2020 /PRNewswire/ -- Allied Market Research recently published a report, titled, "Edible Cutlery Market by Product (Spoon, Fork, Knife, Spork, and Chopstick), Raw Material (Corn, Wheat, bran, Rice bran, and Others), and Application (Household and Commercial): Global Opportunity Analysis and Industry Forecast, 2019a??2026". According to the report, the global edible cutlery industry was pegged at $27.2 million in 2019, and is expected to reach $56.9 million by 2026, registering a CAGR of 11.1% from 2019 to 2026.Incentives for market growthGrowing use of edible cutlery in the airlines industry and introduction of various flavors- and colors-based edible cutlery drive the growth of the global edible cutlery market. However, higher cost of edible cutlery hampers the market. On the contrary, government initiative to minimize carbon footprints would open new opportunities for the market players. Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/6383
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